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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Feb 15, 1921
Page
13
Wheat market weak amid slow buyer interest and hedging for March delivery. Reports of greenbugs in Kansas and damage in Texas influence sentiment as field experts gauge the crop outlook. Corn and oats move with cereals. Chicago cash quotes show mixed prices across wheat and related grains.
Stock market opened with mixed signals as Reading common declined then rallied, while other shares gained. Beet Sugar, General Asphalt, Tobacco Producs, Famous Players and Goodrich showed notable strength with oils broadly up though Texas Pacific Coal & Oil lagged. London exchange strong. investors watch for reactions to the segregation plan.
Beef steers 25c higher cost bids around 9.80 with bulk at 7.75. 9,507 cows/helfers steady to strong. calves 9.50 to 10.50. stockers and feeders strong. Hogs receipts 24,000 quality good. top 10.35, bulk 10.00 to 10.25. 225-lb hogs up. pigs steady. Sheep receipts 15,000 killing classes strong. good weight lambs to shippers 8.75. bulk 8.00 to 8.50. top 5.59, bulk 3.60 to 4.50.
East St Louis Illinois February 15 cattle receipts to 5000 steer and heifer prices steady to higher with top calf at 11.75. Hog sales 13509 with gains to 15.25 above yesterday and class prices rising for lights, mediums, heavies and packer sows. Sheep receipts about 1200 with few lambs at 8.00 and a lone 82 pound lamb sold for 8.00.
Kansas City livestock receipts 14,000 hogs and 7,000 cattle with uneven demand. Hogs steady to 25 cents higher, top $9.75, bulk $8.75 to $9.50. Cattle firm to 25 cents higher with top steers $8.35 and calves $11.25, stockers and feeders up 25 cents. Sheep and lambs seen higher as late arrivals push prices up.
Omaha and Sioux City cattle hog and sheep prices and receipts for February 15. Notes show mixed cattle receipts with steady to higher trends in some regions and weaker or lower prices for others. hogs mostly steady to slightly lower. sheep steady to lower. Also lists regional produce and metals prices from New York and Chicago.
Mixed commodity report from Waterloo and Kansas City with poultry eggs butter and meat prices. plus money exchange rates in New York and cotton futures in New York. Bank suit notices in Iowa. Toledo seed prices for cloverset, timothy and smooth springs. cattle hogs and veal prices. potatoes from Ohio and Minnesota markets.
A Butler County farmer stored 6000 bushels of corn while prices rose from 2.00 to 2.25 per bushel. He sold the three years’ crop at 38 cents per bushel this week. The piece notes many farmers faced losses from holding grain and from lack of rail cars to ship when prices were high, suggesting a broader study of who profited or suffered.
Butler County Duroc Breeders Association will auction forty Duroc Jersey sows at Hill Crest Farm near Shell Rock on Feb. 19. Sale in pavilion regardless of weather. consigned by W. H. Conner Frank Hill Hi L Isley and Jake Siebrenss. Free lunch for out of town buyers.
New York Feb 15 The New York stock exchange opened with firm tone market activity similar to Monday with small block trades and price moves driven by professional dealers Reading issues attracted attention due to government order plans Common stock at 7844 first preferred up 1 in Mexican Petroleum unchanged at 16 but moved to 162 Studebaker 4 at 58 Independent Browls up fractionally with U S Steel steady at 24 The list showed gains then losses Reading common hit a new low Mexican Petroleum fell 2 points Sterling rose and call money near 7 percent Buyers appeared late the last hour lifting prices including U S Steel to 84 General Electric up 3 Mexican Petroleum back to opening level and market closed active
The note cites D. E. Sutherland’s 41 year tenancy starting before 1871 on a Nevada area farm, possibly the state’s longest. It also recounts Mrs. Lucy N. Silliman’s tenants including H. J. Harrison from 1899 to 1920 and Lew T. Williams managing a Silliman farm from 1893 to 1914, with others tied to Silliman holdings through the period.
Lester township trustees in Black Hawk county ask lawmakers to amend the automobile tax law so a portion of tax receipts are returned to townships for road maintenance. Senator Rambow says the current bill cannot be amended. Representative Samtee doubts any major changes are possible. The idea may be reviewed for possible relief from county road millage.
Mason City reports its Globe Gazette printed first edition from a new three story fireproof building with finest appointments. The plant has moved four times in 22 years under current management to house larger presses and newer equipment. Other items list marriage licenses for Raylin and Carpenter of Waterloo, Brant of Fairbank, Kelm of Fairbank, Jost of Stockton, and Janney of Parkersburg with ages 23 and 18 respectively.
At the township Farm Bureau gathering at the Forum, a resolution set monthly wage ranges for single men at 30 to 40 dollars and for married men at 40 to 50 dollars. The group urged directing township automobile tax receipts to road funds and moving Des Moines deposits to coal banks.
Miss Clara Sutter county home demonstration agent notes sprouted oats provide winter green feed but labor is high. Mangels offer a low effort alternative to sustain egg production, with three or four rows per 100 hens meeting flock needs. Silage suits periods without green feed, fed gradually to hens to avoid disruption. Regular feeding crucial to egg output.
National Implement and Vehicle association announces a national Farmers repair week from February 28 to March 5. Dealers and manufacturers urge farmers to inspect equipment to avoid delays during planting and cultivating. The program covers states south of the South Dakota line, with April 4 to include the northern tier scheduled separately.
Bernard M. Baruch addressed the Farmers' Grain Marketing Committee proposing corporations to finance marketing of farm products as a path to fairer farmer returns. He criticized low prices and urged businesslike organization of agriculture in the United States.
Champaign on February 15 reports Grant Pither a young Champaign County farmer crowned state wolf catcher after killing a prairie wolf with his bare hands during a large holiday hunt. One wolf seen. crowds watched as Pither choked and crushed the animal, ending a 30 year gap with the first local kill in decades.
Cleveland Ohio February 15 The All American Co-Operative commission outlined a new program for the year at the three day Farmer and Labor Congress session denouncing the open shop and endorsing collective bargaining for farmers and labor alike. Resolutions call for meat packing regulation railroad unification and reduced passenger rates plus higher taxes to pay war costs.
We will buy and sell Hawk Eye Tire and Rubber common stock. Traders: state how many shares you want to buy or sell and your price. Des Moines market maintains active Iowa stocks. Contact Des Moines Stock Exchange Fleming Building Des Moines Long Distance phone numbers listed.
The article argues against retail sales taxes calling them unfair to those who can pay. It urges government control and development of natural resources. It notes community interest in related work, possible projects near the town, and describes a road graded and ready for gravel. It mentions a Chilean mountain rich in iron ore.
Dewar area farmers completed a two mile gravel section on the Dewar Road from Dewar to the Benning ton line, free of charge. Eight to twenty teams worked four weeks, hauling about 1500 yards from a nearby pit. Had labor been hired, costs would exceed 2000 dollars. Workers were fed by Dewar residents. Continuous gravelling extends from Dewar to Dunkerton with additional work planned.
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